The company that runs The 02 in London has submitted plans for a new 8,500-capacity arena in Edinburgh. AEG Europe said the venue, which would be located in the Edinburgh …
Estate Planning
Urban Logistics: Bidding war erupts over Abrdn property trust
A bidding war has erupted over the Abrdn Property Income Trust, as the £592m Urban Logistics REIT has made a counteroffer to Custodian Property Income’s bid for the trust. In …
Tate & Lyle blames inflation for slip in revenue
British food science operation Tate & Lyle blamed a weak customer demand and inflation for a fall in volumes and revenues. In an update this morning, the public company revealed …
Government banks largest monthly surplus on record ahead of Spring Budget
The government recorded its largest monthly surplus since records began in January, helping borrowing in the year-to-date come in over £9bn below official forecasts. According to figures from the Office …
Heathrow turns first profit since pandemic amid Middle East takeover speculation
Heathrow Airport has turned its first profit in four years amid speculation that a consortium of Middle Eastern, state-backed investment funds could become prominent shareholders in the hub. Europe’s largest …
GSK reports robust results from latest trial with injectable HIV treatment
GSK has today reported favourable findings from the Latitude phase III study of its long-acting injectable antiretroviral treatment (ART) for HIV. The study was conducted by Viiv Healthcare, the global …
Glencore reports steep drop in profit as the good times come to an end for the mining giant
Glencore has reported a drop in profit and reduced shareholder returns following the “normalisation of international energy flows.” The firm’s full-year 2023 figures showed the group reported earnings before interest, …
Market data specialist Arcontech sees profits jump as clients stay loyal
Arcontech, which specialises in financial market data processing, has reported a jump in profits as its blue-chip client base remains loyal despite tough economic conditions. The AIM-listed firm’s pretax profit …
Mauro Colagreco at the Old War Office: Absurd? Brilliant? Both?
Mauro Colagreco at the Old War Office at Raffles London – or just plain old Mauro to its friends – is the kind of place where the bread comes with …
Pawnbroker H&T snaps up Essex firm as recession drives Brits to borrowing
Pawnbroker H&T has snapped up a fellow broker firm in Essex for £11.3m, as the business continues to profit from cash-strapped Brits amid an economic squeeze. This morning, the UK’s …